3-34 Scalping Method 15 - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**greencat** · #1 01-08-2009, 10:17 PM

Here is a nice scalping method that makes green. Note that all of them are not going to be huge winners and a few will be a loss. Cutting your loss in a hurry will make this system very profitable.

Trading in the direction of the trade is a sure fire way to beat the forex. If there is not a cross and the 3 starts back up that can be green in the account as well.

I play counter trades but I am only looking for 10 to 30 pips. I use the 15 minute chart because it has less whipsaws. The arrows are close to the cross. I did miss a few points but I think this system is easy.Try it you may like it...

This is a real simple system that works. I hope you enjoy.

For a larger chart click link below.
http://farm4.static.flickr.com/3438/...e4fd5510_o.gif

Hampton · #2 06-10-2009, 02:37 AM

what are the disadvantages of 15 min chart...

goodmast3r · #3 07-05-2009, 05:24 AM

What is that pink and yellow line? What setting do you use for your MA?

**greencat** · #4 07-05-2009, 10:06 AM

Quote:

Originally Posted by goodmast3r

What is that pink and yellow line? What setting do you use for your MA?

The EMA 3 and 34. The 15 minute chart becuse it can put me in a trade quicker than higher time frames. But I use higher time frames for verifation.

I am also using fibs to help me on entry an exits.